FAQ 293: Forfeitures--Forfeited amounts are reappearing after Update to New Period


I rolled my plan forward to the next plan year using the Update to New Period utility and the forfeited amounts reappeared in the forfeited employees' records.


In order for this problem not to happen again, you need to go into your Matching source specs and make a change. Take the letter "A" out of the "Groups with Forfeitures in Suspense" field and save the specs. Since you have the same group code A in "Groups Forfeit Non-Vested Benefit" field, the system didn't know what to do with the forfeited amounts, so it left them in the employees' records.